New Zealand Unemployment Rate

New Zealand Unemployment Rate 5 May 2026

New Zealand Unemployment Rate 5 May 2026: 5.3% for Q1 2026, below the 5.4% forecast and down from 5.4% in Q4 2025. 6 of the last 12 releases came in below the forecast. It was released on Tue 5 May 2026 at 22:45 UTC.

These figures were verified on 4 Oct 2026 from the source: Statistics New Zealand. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
5.3%
Q1 2026
Forecast
5.4%
The market consensus
Previous
5.4%
As the source gives it

What a print like this usually does

Below the forecast: A rate below forecast usually supports the NZD by suggesting a tighter labour market and more persistent wage pressure.

New Zealand Unemployment Rate 5 May 2026: 5.3% for Q1 2026 against a 5.4% forecast, with the last 12 releases
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Cite this release

If you cite this release, please link to this page:

New Zealand Unemployment Rate 5 May 2026: 5.3% vs 5.4% forecast (Statistics New Zealand). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/nz-unemployment/2026-05-05

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
5 May 2026Q15.3%5.4%5.4%
3 Feb 2026Q45.4%5.3%5.3%
4 Nov 2025Q35.3%5.3%5.2%
5 Aug 2025Q25.2%5.3%5.1%
6 May 2025Q15.1%5.3%5.1%
4 Feb 2025Q45.1%5.1%4.8%
5 Nov 2024Q34.8%5%4.6%
6 Aug 2024Q24.6%4.7%4.4%
30 Apr 2024Q14.3%4.2%4%
6 Feb 2024Q44%4.2%3.9%
31 Oct 2023Q33.9%3.9%3.6%
1 Aug 2023Q23.6%3.5%3.4%